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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Wednesday, February 4, 2009

Abu Dhabi Government Injects $4.36 Billion into Five Banks

Abu Dhabi govt injects $4.36 bln into banks
Reuters - USA
ABU DHABI/DUBAI, Feb 4 (Reuters) - The government of Gulf oil exporter Abu Dhabi said on Wednesday it would inject 16 billion dirhams ($4.36 billion) into five of its banks through capital notes to bolster confidence as loan defaults mount. ...

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